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Jesup & Lamont Announces Presenting LifeTech Companies and Former FDA Commissioner at Annual Growth Stock & National Sales Conference
Date:7/13/2009

NEW YORK, July 13 /PRNewswire-FirstCall/ -- Jesup & Lamont, Inc., (Amex: JLI), a full-service boutique brokerage and investment banking firm serving retail and institutional clients, today announced the LifeTech Capital Group companies presenting at its 2009 Growth Stock & National Sales Conference to be held at the Waldorf Astoria Boca Beach Club on July 30th, 2009 in Boca Raton, Florida. In addition, former FDA Commissioner Dr. Lester M. Crawford D.V.M., Ph.D., will be the keynote speaker for the event.

"As large pharmaceutical companies continue to struggle with patent expirations, pricing pressures, R&D cuts and changes to the U.S. healthcare system, we believe smaller biotech companies represent an exciting source of value-creation for investors," says Stephen M. Dunn, Managing Director of Life Sciences Research at LifeTech Capital Group. "With the government's recent demands for comparative effectiveness of drugs, there is a corresponding increase in demand for companies with novel, breakthrough approaches. We're pleased to have such a diversified group of innovative biotech companies presenting at our conference."

Some of the companies presenting on July 30th include Peregrine Pharmaceuticals (Nasdaq: PPHM), Cytori Therapeutics (Nasdaq: CYTX), NovaBay Pharmaceuticals (Amex: NBY), Nabi Biopharmaceuticals (Nasdaq: NABI), OXiGENE Inc. (Nasdaq: OXGN), Access Pharmaceuticals (OTC Bulletin Board: ACCP), Echo Therapeutics (OTC Bulletin Board: ECTE), Raptor Pharmaceuticals (OTC Bulletin Board: RPTP), Neoprobe Corp. (OTC Bulletin Board: NEOP) and Oxygen Biotherapeutics (OTC Bulletin Board: OXBO).

Jesup's annual conference provides its clients a distinctive forum in which to visit with and hear presentations from unique growth companies in the life sciences, healthcare, aerospace and transportation industries. The conference commences with Life Science industry and investor panels on Wednesday July 29th with Company presentations on Thursday July 30th, followed by Investment Products presentations on August 1st and 2nd. Last year's conference brought together hundreds of institutional and retail investors in an intimate format.

For more information or registration to present or attend, contact your Jesup salesperson, Donald A. Wojnowski at dwojnowski@jesuplamont.com or Tammy Kraus at tkraus@jesuplamont.com. You can also register online at www.jesuplamontconferences.com.

About Jesup & Lamont, Inc.

Established in 1877, Jesup & Lamont, Inc. has an extensive history on Wall Street, with its origins encompassing such successes as providing brokerage services to Standard Oil and raising capital for the construction of Rockefeller Center. Jesup & Lamont, through its two wholly owned brokerage subsidiaries, offers full service broker-dealer and registered investment advisory services through its approximately 150 retail brokers in over 20 locations including offices in New York, San Francisco, Boston, Boca Raton, Chicago, Fort Lauderdale and Orlando. The Company's Jesup & Lamont Securities Corporation subsidiary also publishes proprietary research on several industries including Aerospace/Defense, Alternative Energy and Life Sciences/Healthcare and offers comprehensive investment banking services.

Forward-Looking Statement Disclaimer

This press release contains "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risk, uncertainties or other factors which may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Factors that might cause such a difference include, without limitation, fluctuations in the volume of transactional services provided by the Company, competition with respect to financial services commission rates, the effect of general economic and market conditions, factors affecting the securities brokerage industry as well as other risks and uncertainties detailed from time to time in the Company's Securities and Exchange Commission filings. The Company undertakes no obligation to revise or update any forward-looking statement.


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SOURCE Jesup & Lamont, Inc.
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